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34063 Corktree Rd, Lake Elsinore, CA 92532

3 beds • 3 baths • 2133 sqft

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This property looks like a bad Long-Term investment with a projected -15.14% first-year return on $127k initial cash invested.

-15.14%

Cash On Cash

2.94%

Cap Rate

0.51

DSCR

$3,108

Rent

-$1,606

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$606k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$121k

Closing costs

1%

$6,060

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,108

Total Expenses

$4,714

Mortgage P&I

95%

$2,937

Property Taxes

19%

$591

Home Insurance

7%

$219

HOA

5%

$160

Property Management

10%

$311

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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